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    Home»Stock»Elon Musk Starlink is the key to avoiding customs tariffs
    Stock

    Elon Musk Starlink is the key to avoiding customs tariffs

    msmarkBy msmarkMay 9, 2025No Comments3 Mins Read
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    Elon Musk’s reputation has achieved success in some circles in recent years.

    His political struggle on social media has increased some feathers, but he also gave him an online worship.

    💵💰Do not miss this step: Subscribe to the free daily newsletter of Thestreeet 💰💵

    The negative press is often met, and there are increasingly destinations these days, via the Internet through a severe defense of Tesla shareholders, Tesla owners, and simple musk lovers, who ignited his contributions to society.

    But last year, he gained more influential fans than himself: President Donald Trump.

    Related: Tesla competitor, the huge advertising about what will happen in 2026

    In the past, Trump was less than Musk, saying that musk “begged him for government support for” electric cars that do not drive enough, or driver without driver, or missiles to any place, and without which, it will be valuable benefits. “

    Everything has changed last year as soon as Musk poured his personal wealth to elect Trump.

    It seems that he and Trump have become real friends because Musk is leading the government competence section at the present time, and Trump knows how to take care of his friends.

    In fact, a Musk company may directly benefit from the White House tariff negotiations.

    Starlink is run by thousands of low -Earth satellites.

    Photo and colon source; Khanna & Sol; AFP via Getty Images

    Starlink is a major attached point in customs tariff negotiations

    The Washington Post reported that US officials are using Starlink as a point attached to the tariff negotiations with foreign countries, noting the Ministry of Foreign Affairs.

    The American embassies and the Ministry of Foreign Affairs are pushing countries to remove the regulatory obstacles that will allow the wide -based wide -based satellite network to work in their territory.

    Starlink cables, a producer of Musk’s Spacex, often mention, according to The Post, which also confirmed that the documents did not show that Trump administration officials are demanding Starlink in exchange for a better deal on customs tariffs.

    The Post notes that Starlink has reached distribution deals with two service providers in India and won at least partial places with Somalia and the Democratic Republic of the Congo, Bangladesh, Pakistan and Vietnam.

    The White House frame Starlink as a major alternative to the United States for Russian and Chinese companies that provide wide satellite services.

    Spacex was an approximate start for 2025

    While private sector investors accumulate in Spacex, which gives the company an unprecedented special evaluation, the company’s producer in the sky had a harsh start for this year.

    In March, the company suffered from its second failed launch for this year after another missile exploded in the middle of the trip.

    More news of Tesla:

    • The analyst cuts the goal of the Tesla price for an unexpected reason
    • General Motors was appointed to overcome Tesla in one key area
    • Tesla, Elus Musk makes a radical decision in the trade war between the United States and China

    In addition, Starlink is no longer the only American player in the broader satellite market after the Amazon announcement Quiber project On April 9. To start its service, Amazon 27 has published satellites at an altitude of 280 miles above the ground.

    The company plans to launch more than 3,200 Low Earth Orbit in about 80 launch operations. It expects to provide high -speed and college internet customers later this year.

    Related: The Veteran Fund Director reveals the prediction of the S&P 500

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